Tuesday, 7 May, 2024

Wayve Raises $1 Billion Led by SoftBank for Self-Driving Expansion

Wayve, a self-driving technology company, raises $1 billion in funding led by SoftBank to enhance autonomous driving systems for both cars and robots. The investment aims to accelerate Wayve's development of AI-powered software capable of navigating complex environments without the need for extensive mapping. This significant funding marks a major milestone in advancing self-driving technology across various industries.